Listed below are selected financial data from the accounting records of Innovative Computers Pty Ltd for the
Question:
Listed below are selected financial data from the accounting records of Innovative Computers Pty Ltd for the year ended 30 June 2016.
Cost of goods manufactured Ending finished goods Income Beginning finished goods Selling and administrative expenses | $1 352 000 180000 3520000 144000 801200 |
Required
Prepare an income statement for the year ended 30 June 2016.
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Related Book For
Accounting
ISBN: 978-1118608227
9th edition
Authors: Lew Edwards, John Medlin, Keryn Chalmers, Andreas Hellmann, Claire Beattie, Jodie Maxfield, John Hoggett
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